Park Side Tower is a residential complex on Al Reem Island in Abu Dhabi. It was implemented by Al Markaz Development in 2019 and was the first project in the developer’s portfolio.
The complex consists of two identical 17-storey buildings. They are connected by a podium with a parking lot. The façade is blue and white, the glass railings of the balconies create the effect of widening the area , and offers a view to the surroundings of the island.
There are 1-, 2- or 3- bedroom apartments with a total area of 764 to 1800 sq. ft. Every apartment features bedrooms, bathrooms, kitchens, dining and living areas as well as dressing rooms and guest bathrooms. Some residences have a room for staff while the balconies are planned as recreation areas.
The Park Side Tower complex amenities include:
The complex is under round-the-clock security and has additional video surveillance and fire alarm systems installed. Park Side Tower even has chargers for electric cars.
The cost of purchasing property at Park Side Towers in March 2023 starts from AED 850,000 (USD 232,000). The price of annual rent starts from AED 65,000 (USD 18,000).
*The price is valid for 2021
Investments in the Park Side Tower project have a high return on investment. Return on investment in 1-bedroom apartments can reach 7.7%.
Demand for real estate will grow as Al Reem Island develops. Many amenities are already available to residents as Park Side Tower is surrounded by parks, stores and restaurants. Just 10 minutes separates the complex from the sea coast .
Several grocery stores including Spar Express, Almaya Mart, Grandiose Supermarket, Carrefour Market are within a 10-minute walk.
Reem Mall is a 5-minute drive away.
Al Reem Island has educational facilities including a selection of kindergartens: Hummingbird Nursery, Mosaic Nursery, and Playhouse Nursery. A branch of the popular Abu Dhabi Repton School, Rose Campus is open for enrollment.
Medical facilities and pharmacies are available on the island. Cleveland Clinic Abu Dhabi, Burjeel Hospital, NMC Specialty Hospital are a 10-minute drive away.
It takes 10 minutes to walk from Park Side Tower to the nearest bus stop with the E100 and E101 bus routes connecting to the mainland of the emirate.
Within a 15- to 20-minute drive are the following:
Abu Dhabi International Airport is a 30-minute drive away.
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